419ers Organization

Statement of purpose: the purposes for which the corporation is organized are exclusively for charitable, religious,and educational purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, or the corresponding provision of any future United States internal revenue law. Specifically, the purpose for which the corporation is formed is to provide community involvement and youth academic and sports development. Additional provisions: non-inurement: no part of the net earnings of the corporation shall inure to the benefit of,or be distributable to its members, trustees, officers, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth in the purpose statement hereof. No substantial part of the activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence